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Paul Tucker is the author of Unelected Power and Global Discord, a Fellow at the Harvard Kennedy School, and a former central banker.

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Macroprudentialism – Vox eBook

Macroprudentialism is now part of the standard macroeconomic toolkit but it involves a set of relatively untested policies.  Dirk Schoenmaker edited a new VoX eBook by that collects the thinking of a broad range of leading US and European economists on the matter. A consensus emerges on broad objectives of macroprudential supervision, but important disagreements remain among the authors. Tucker contributed a chapter to this eBook: The Political Economy of Macroprudential Regimes.

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Note: Tucker’s chapter begins on page 61

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